Anonymous wrote:

Anonymous wrote:OP I would consider using an agent to find someone to lease for a year. Then rent an apartment with the difference between the mortgage and the rent.

Op here. I don’t want to move all our furnishings in and out is the thing, so I’d like a short term booking that is furnished. I’m also hoping I’ll land a new job in the next few months and I’d like to be back in our home then. So I’m trying to limit it to just a few months, provided I can even find a tenant at the price I want.

Advertise on NextDoor or similar to try to get people whose houses are undergoing renovations. Or just lower your price on AirBnB.

Anonymous wrote:OP, from your pics 25/30 those look like empty rooms, but your ad says fully furnished. That seems odd to me. Also $10K for a deposit is a lot. Do you need it that high? You are limiting renters to people with $20K cash in hand. Floor plans might also be good to help people visualize. good luck!

Op here, thank you! This is good feedback. I’ll go in and update.

OP, from your pics 25/30 those look like empty rooms, but your ad says fully furnished. That seems odd to me. Also $10K for a deposit is a lot. Do you need it that high? You are limiting renters to people with $20K cash in hand. Floor plans might also be good to help people visualize. good luck!

Anonymous wrote:OP — we rent our (luxury, very well located, nicely furnished) apartment in the Boston area this way because we want the flexibility to use it so don’t want a long term lease. We have always been able to find short term renters on Craigslist and FB marketplace. We price slightly below market and get a ton of applicants. I think it helps that there is a really high velocity market of renters in Boston and we are close to Harvard/MIT.

I'd like to rent this apartment.

holidayrental.com, homestogo.com, If your home is kid friendly look at kidandcoe. Usually you have to have kids toys, and beds for kids, etc.

I think the issue now is that it is Feb. I know many people winter in Arizona either most of the winter or for 2 weeks-4 weeks.

I would also see the "competition" the homes on zillow or other sites that cost less per month than yours. You may want to lower your cost a little (unless you need that money for mortgage and where you will stay), so you get more traction. Yes, you have more bedrooms than many of the homes, but just something to think about.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:List with brokers who specialize in this niche. Look at the higher end real estate firms.

Op here. I looked into that but they take a huge cut.

Of course they do lol. And they also vet the renters, so you don’t end up with squatters in your home!

Some income is better than no income if you lost your job.

Op here. I can vet the renters and manage the process. I don’t need to shell out thousands of dollars for that work. We rent on Airbnb as well, and have successfully gotten $3500/week in the past. I’m exploring the possibility of a longer term rental (longer than a week but shorter than 6 months).

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:List with brokers who specialize in this niche. Look at the higher end real estate firms.

Op here. I looked into that but they take a huge cut.

Of course they do lol. And they also vet the renters, so you don’t end up with squatters in your home!

Some income is better than no income if you lost your job.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP I would consider using an agent to find someone to lease for a year. Then rent an apartment with the difference between the mortgage and the rent.

Op here. I don’t want to move all our furnishings in and out is the thing, so I’d like a short term booking that is furnished. I’m also hoping I’ll land a new job in the next few months and I’d like to be back in our home then. So I’m trying to limit it to just a few months, provided I can even find a tenant at the price I want.

You're way too close to the bone here. A layoff shouldn't require that you rent out your house. It might be a good idea to consider permanently downsizing, even if you get a new job quickly. The interest rate is an important factor but if you are living month to month like this, it might be not be enough to make it make sense to keep the house.

Op here. It’s a complicated situation. We had savings, but we have a sick child and I had to take FMLA last year due to multiple hospitalizations for DC and I depleted some of our savings. We also had a very expensive repair recently (roof/stucco). It’s been a perfect storm. We are trying to look at options. Downsizing doesn’t actually make sense at this point for a ton of reasons. Interest rate being one of them yes, and also the explosion in housing costs. But there are other reasons too that I don’t want to get into here.

I understand what you are saying, bu just make sure you don't loose your home. If you need to sell, then sell it and move somewhere that is less expensive, especially since you are looking for a new job.

Your home is beautiful. Try VRBO. Do you have an association with any university? Could you place an ad in your university alumni magazine? My husband went to Princeton and their alumni magazine has classified ads for rentals at the back and online and they usually give discounts if you are an alumni. I feel like Arizona especially in the winter would be pretty popular. Maybe see if you could do one for an Arizona university, so alumni who want to stay to maybe visit or see kids or go to a reunion will see the ad and stay at your place other than a hotel.

https://paw.princeton.edu/sites/default/files/Outside_MediaKit_%20FY24.pdf

Op here.

Here’s the listing:

https://www.zillow.com/homedetails/Tucson-AZ-85745/67098396_zpid/

I welcome helpful feedback or thoughts!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OP I would consider using an agent to find someone to lease for a year. Then rent an apartment with the difference between the mortgage and the rent.

Op here. I don’t want to move all our furnishings in and out is the thing, so I’d like a short term booking that is furnished. I’m also hoping I’ll land a new job in the next few months and I’d like to be back in our home then. So I’m trying to limit it to just a few months, provided I can even find a tenant at the price I want.

You're way too close to the bone here. A layoff shouldn't require that you rent out your house. It might be a good idea to consider permanently downsizing, even if you get a new job quickly. The interest rate is an important factor but if you are living month to month like this, it might be not be enough to make it make sense to keep the house.

Op here. It’s a complicated situation. We had savings, but we have a sick child and I had to take FMLA last year due to multiple hospitalizations for DC and I depleted some of our savings. We also had a very expensive repair recently (roof/stucco). It’s been a perfect storm. We are trying to look at options. Downsizing doesn’t actually make sense at this point for a ton of reasons. Interest rate being one of them yes, and also the explosion in housing costs. But there are other reasons too that I don’t want to get into here.

Anonymous wrote:

Anonymous wrote:I think a bunch of people in DC aren't going to be able to help you very much. Especially when we don't know what city you live in.

Op here. Would it help if I posted the listing? Or is that too risky?

We are in Tucson,AZ.

Oh my! Also put it on Zillow. My in laws just rented a place in Scottsdale that was beautiful and monthly it was asking $15k. It had 4 bedrooms, pool, and was on a golf course. It had a decent kitchen and was pretty and clean but I wouldn’t call it luxurious (maybe since it was in Scottsdale). They rented through VRBO but the owners also had it on Zillow.

My aunt and uncle rented a home in Tucson for a week in January I don’t know how much they paid, but they loved it. This is the time to rent people want to be in AZ in the winter months. I would get on it ASAP. I wouldn’t rent in Arizona in the summer.

Could you look for work elsewhere and rent out your home and move to where your new job is? If you make a lot more you could rent in the new location until you can find the right thing. Look at the universities, what other people are saying.

FurnishedFinder.com

Anonymous wrote:Maybe reach out to local builders/remodeling firms? They may have clients that will need a place to stay while their house is built or remodeled. I would have loved this option when we had a tree fall on our house - we were in a corporate apartment for 3 months.

This OP. We have thought of doing this with our house. Just spreading the word with realtors. In our area, there is a ton of remodeling and people are out of their homes for months...

I would study Zillow rental listings in resort places like Park City or Beach Town and see how the owners list their short-term furnished rentals.

Ashburn. Tons of NFL players making a lot of money that need short term living situations.